Reference no: EM132230981
1. What is the goal of analyzing the firm using the value chain?
a. The complete elimination of general administration
b. Ignoring ways to encourage customers to buy your | products,
c. Finding a way to perform your support functions without needing the primary activities
d. Finding ways to lower costs in the value chain to increase the margin.
2. Under what situation would a multi divisional structure make sense?
A small firm with relatively simple decisions
A large firm focused on running a single, highly differentiated business
A large firm focused on running a single business with a cost advantage
3. A large firm with multiple businesses as part of the Organization30. What advantage might be created for a firm that makes large volume purchases?
a. It creates a differentiation advantage based upon product complexity
b-It creates a cost advantage based on low cost access to inputs
c- It creates a diseconomy of scale for the purchasing firm.
d. It allows for isomorphic strategies in the industry
4. Which of the following is not important when designing an a national structure
a. Decision making authority should be mostly concentrated at the top levels of the organization
b. Allowing information to flow through the organization efficiently
e. each person should only have one supervisor
d. Tasks should be subdivided to create efficiencies through the division of labor,
5. Policy choices affect a cost leadership strategy in what way
a. Policy choices are easily changed as the firm gets older.
b. Policy choices are not affected by the culture of the firm,
c. Policy choices are not a part of a cost leadership strategy
d. Policy choices create incentives to cut costs
6. What is true of differentiation?
a. Customers must either perceive or value a difference for an advantage to be created,
b. a difference must physically exist to create an advantage.
c. Bases of differentiation are limited only by creativity.
d. Firms can only differentiate using bricolage
7. A change in strategy can take what forms?
a. Increasing marketing efforts,
b. Introducing new products,
c. Creating tacit collusion
d. Finding new distribution channels
8. What is the role of the CEO in a multidivisional structure?
a. to focus on day to day issues at every level of the organization.
b. To manage conflicts between functional areas in each division.
c. to coordinate activities between the divisions in Ordered to achieve a competitive advantage
d. to personally create detailed strategic plans for each division of the organization and implement them,